Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AKAMAI TECHNOLOGIES INC amended revolving credit of increases the aggregate revolving commitments under the Credit Agreement from $500.0 million to $1.0 billion with JPMorgan Chase Bank, N.A., as administrative agent maturing extends the maturity date from November 22, 2027 to November 22, 2028.
- Instrument
- revolving credit
- Principal
- increases the aggregate revolving commitments under the Credit Agreement from $500.0 million to $1.0 billion
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent
- Maturity
- extends the maturity date from November 22, 2027 to November 22, 2028
- Event
- amendment
Exact text from the filing
On May 12, 2025, Akamai Technologies, Inc. (“Akamai”) entered into an Amendment No. 2 (the “Second Amendment”), by and among Akamai, the financial institutions identified therein as lenders and JPMorgan Chase Bank, N.A., as administrative agent (the “Agent”), which amends that certain Credit Agreement (the “Credit Agreement”), dated November 22, 2022 (as amended on April 17, 2025), by and among Akamai, the financial institutions party thereto from time to time as lenders and the Agent. The Second Amendment, among other things, (i) increases the aggregate revolving commitments under the Credit Agreement from $500.0 million to $1.0 billion, (ii) extends the maturity date from November 22, 2027 to November 22, 2028, (iii) reduces the maximum aggregate amount of additional increases to the commitments from $500.0 million to $0 and (iv) reduces the number of additional permitted maturity extensions from two to one.
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